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RedFlagDeals Has Been Acquired by VerticalScope

  • Last Updated:
  • Sep 27th, 2018 1:51 pm
Deal Expert
User avatar
Dec 19, 2001
29672 posts
1150 upvotes
Fernando Po
Mr Bean wrote:
Aug 23rd, 2018 12:12 pm
We are worth $12m? Smiling Face With Open Mouth
Hey, where is my share? I've been here nearly from the beginning (I'd argue the beginning because I first tuned in in June 2001) and provided nearly 30k of entertaining posts (don't think the post ticker actually works btw). Winking FaceOk Hand Sign
Deal Addict
User avatar
Dec 10, 2003
1277 posts
253 upvotes
Kanata
Glad we got away from YellowPages and their aggressive approach to what essentially amounted to a free congregation of users..
Hope things will only get better. Good luck RFD.
To be or not to be...where is the question?
Banned
Mar 27, 2018
308 posts
265 upvotes
JackWhyte wrote:
Aug 23rd, 2018 1:13 pm
I totally disagree with this, as would virtually any woman or visible minority affected by the insanity that gaming fanboyism can ultimately cause (i.e Gamergate at al).
Fanboyism is passion (love) for a product.
It is about brand loyalty and being a product evangelist.
It is promoting and giving superpositive reviews

A healthy debate between opposing fanboys is always good because it helps with product evolution.

But - as with all things fanboyism should never go to an extreme
to either create a monopoly with not other options
or to sabotage competing products
(as did Microsoft with Internet Explorer)
Deal Addict
User avatar
Mar 23, 2003
3164 posts
357 upvotes
Hamilton
I think you're missing the point.
If it's working. It's bringing in a decent revenue.
Decent traffic.
Etc etc.
Don't get greedy and try to reinvent what works.
If it starts to slip. Take action.
So don't keep using a screwdriver when there's faster better tools (drills).
But don't upgrade a perfectly good drill because a red one came out and it looks nicer than yellow.
(insert catchy phrase like fomo or such here)
DragonRider wrote:
Aug 23rd, 2018 11:50 am
With today's pace of innovation, this idiom no longer applies.
The 90's generation has no interest in Facebook.
What's the probability that our next generation will want to read forums and message boards the way it is today?
Deal Addict
Aug 24, 2011
2843 posts
1344 upvotes
Toronto and London
Congrats and best of luck under this new ownership!

@TomRFD I hope your team implements some of the changes we discussed.
Deal Addict
Jan 27, 2011
1999 posts
1056 upvotes
Toronto
ahlong wrote:
Aug 22nd, 2018 11:59 pm
had no idea this site was worth 12million dollars! lol Yall are balling!! Congrats :D
I need a cut of that or I'm not posting anymore deals! ;)
Up votes, down votes, they're all votes for me! I thank you!
Deal Fanatic
User avatar
Apr 23, 2004
9060 posts
75787 upvotes
Montreal
Hi there,

I hope they can help improved the Costco thread. :)

Ju Leon...
Deal Fanatic
User avatar
Sep 25, 2005
6176 posts
2024 upvotes
North York
sidshock wrote:
Aug 23rd, 2018 2:02 pm
I think you're missing the point.
If it's working. It's bringing in a decent revenue.
Decent traffic.
Etc etc.
Don't get greedy and try to reinvent what works.
If it starts to slip. Take action.
So don't keep using a screwdriver when there's faster better tools (drills).
But don't upgrade a perfectly good drill because a red one came out and it looks nicer than yellow.
(insert catchy phrase like fomo or such here)
This may be how an engineer sees this but is not how market economy works.
Why is there a buy and sell?
Because there is a gap in the valuation Yellow Pages places on RFD vs. what VerticalScope values this entity as.
If it's earning a decent revenue, why would Yellow Pages sell it? Wouldn't it make more sense to keep it so it continues to generate revenue to cover its losses elsewhere?
And why would VerticalScope buy RFD when Yellow Pages is dumping it? Because it sees the POTENTIAL revenue RFD could be generating for the company -
A potential that Yellow Pages wished to realize when it first purchased RFD 8 years ago but miserably failed.
Just like how you're seeking discount when searching for deals on RFD, VerticalScope bought RFD because it considers it selling at a discount compared to what it could be bringing to the parent company.
And how could this potential be realized? I am pretty sure it wouldn't simply by leaving RFD exactly the way it is now.
Changes could be big or small, they could impact users or not, but there will surely be changes.
Sr. Member
Dec 16, 2006
522 posts
70 upvotes
North of GTA
DragonRider wrote:
Aug 23rd, 2018 3:32 pm
If it's earning a decent revenue, why would Yellow Pages sell it?
From The Globe and Mail
"Yellow Pages CEO David Eckert says the sale frees up resources that will be devoted to its core business"
Deal Addict
User avatar
Sep 19, 2013
1685 posts
494 upvotes
Winnipeg
drb789 wrote:
Aug 23rd, 2018 4:34 pm
From The Globe and Mail
"Yellow Pages CEO David Eckert says the sale frees up resources that will be devoted to its core business"
The payment will be made in two instalments, half the total when the transaction closes around Aug. 22 and the rest when unspecified conditions are met.
ooohhh...unspecified conditions...eh....and the plot thickens...
In the beginning the Universe was created. This has made a lot of people very angry and been widely regarded as a bad move. -- Douglas Adams
Deal Fanatic
User avatar
Sep 25, 2005
6176 posts
2024 upvotes
North York
drb789 wrote:
Aug 23rd, 2018 4:34 pm
From The Globe and Mail
"Yellow Pages CEO David Eckert says the sale frees up resources that will be devoted to its core business"
Hmm, what core business do they have? Build the thickest phone directory?
Deal Guru
Jul 19, 2012
12847 posts
3237 upvotes
Montreal
drb789 wrote:
Aug 23rd, 2018 4:34 pm
From The Globe and Mail
"Yellow Pages CEO David Eckert says the sale frees up resources that will be devoted to its core business"
Translation: Gimme da money!
Deal Guru
Jul 19, 2012
12847 posts
3237 upvotes
Montreal
DragonRider wrote:
Aug 23rd, 2018 5:38 pm
Hmm, what core business do they have? Build the thickest phone directory?
Selling their assets off for cash now, to ensure that the execs all get their golden parachute.
Mr Bean wrote:
Aug 23rd, 2018 4:45 pm
ooohhh...unspecified conditions...eh....and the plot thickens...
Uh oh, I know what that means in a general sense, and it's never good news.

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